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Reply to "lifestyle for $500K HHI"
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[quote=Anonymous]We make 500K and our lifestyle is very comfortable but not outrageous. We live in a 1.5 million dollar house. We put down 50% but our mortgage payment is still $4500 all in. I wanted something less expensive but we loved the house/neighborhood and plan to live here for a long time. The house is probably our big indulgence. We decorated it with a mix of low, mid, and high end pieces. I decorated it myself but if I made more money, I would have hired a decorator. Have two older kids in public school and the youngest in private preschool. If I made more money, I would love to send my kids to private school. Instead, we chose to live in a good public school district, put money in their college funds, and let them do whatever sports/activities/camps/etc. they are interested in without worrying too much about the cost. We have two modest cars that are paid off and that we will drive until they die. We have a maid service that comes once every other week. If I made more money, I would hire one to come weekly. We have a landscaper that cuts our grass, and does a fall and spring cleaning/mulching. If I had more money, I would hire them to do everything related to yard maintenance. We go on one nice vacation a year, a couple of shorter trips to visit family, and some weekends away. We fly coach. We spend a fair amount on food and eating out. We buy clothes, shoes, etc. as we need them without worrying about budgeting. We don't buy high-end name brand clothes and the kids use a lot of hand-me-downs. We max out our 401ks and put money into savings/investments every month. We happily host holidays, birthday parties, and smaller get-togethers throughout the year without worrying about the cost. We give to charities. Overall, we don't worry about money too much and lead a very comfortable life. We can not, however, afford private schools, country clubs, and the lifestyle of the truly wealthy. [/quote]
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